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Prefecture in Chūbu Region of Japan

2024
Economic
Complexity 0.97Rank 2 of 41
Dec 2024
Trade
Exports | Imports ¥ 2.03T | ¥ 887B1 of 41 | 4 of 41
Dec 2024
Country
Destination | Origin United States | China ¥ 641B  | ¥ 234B

About

Overview This page contains the latest international trade data for Aichi. In December 2024 Aichi was the number 1 in total exports and the number 4 in total imports in Japan.

Exports In 2024, Japan's Aichi exported ¥ 18T, making it the 1st largest exporter out of the 41 exporters in Japan. In 2024 the top exports of Aichi were Spark-ignition non chargeable Cars (¥ 3.21T), Large Sized Cars (¥ 1.58T), Transmissions for motor vehicles (¥ 1.24T), Medium Sized Cars (¥ 1.22T), and Commodities not specified according to kind (¥ 780B).

Imports In 2024, Japan's Aichi imported ¥ 9.71T, making it the 4th largest importer out of the 41 importers in Japan. In 2024 top imports of Aichi were Crude Petroleum Oils (¥ 595B), Liquefied Natural Gas (¥ 576B), Ignition & Wiring Sets for Vehicles,... (¥ 342B), Medium Sized Cars (¥ 210B), and Bituminous coal, not agglomerated (¥ 197B).

Economic Complexity In 2024, the highest complexity exports of Aichi according to the product complexity index (PCI) are Photographic Chemicals (2.56), Precious Metal Compounds (2.14), Metalworking Transfer Machines (2.07), Machinery Having Individual Functions (1.99), Interchangeable Tool Parts (1.86), Hot-Rolled Stainless Steel Bars (1.81), Iron Chains (1.78), Hand Saws (1.75), Metal Lathes (1.74), and Metal Finishing Machines (1.73). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

December, 2024

About

Overview In December 2024 Aichi exported ¥2.03T and imported ¥887B, resulting in a positive trade balance of ¥1.14T. Between December 2023 and December 2024 the exports of Aichi have increased by $87.6B (4.52%) from ¥1.94T to ¥2.03T, while imports increased by ¥65.9B (8.03%) from ¥821B to ¥887B.

Trade In December 2024, the top exports of Aichi were Cars (¥718B), Motor vehicles; parts and accessories (8701... (¥198B), Commodities not elsewhere specified (¥79B), Machines and apparatus of a kind... (¥39.7B), and Thermostats (¥37.8B). In December 2024 the top imports of Aichi were Cars (¥76B), Crude Petroleum (¥63.5B), Petroleum Gas (¥55.1B), Insulated Wire (¥39.9B), and Raw Aluminium (¥37.6B).

Destinations In December 2024, Aichi exported mostly to United States (¥641B), China (¥216B), Thailand (¥87.1B), Australia (¥83.7B), and Chinese Taipei (¥71.3B), and imported mostly from China (¥234B), United States (¥89B), Vietnam (¥53B), Thailand (¥47.1B), and Germany (¥41.3B).

Growth In December 2024, the increase in Aichi's year-by-year exports was explained primarily by an increase in exports to United States (¥49.9B or 8.45%), Saudi Arabia (¥12.9B or 37%), and Chinese Taipei (¥12.8B or 21.8%), and product exports increase in Commodities not elsewhere specified (¥16.5B or 26.5%), Machines and apparatus of a kind... (¥14.2B or 55.6%), and Industrial Printers (¥6.78B or 42.5%). In December 2024, the increase in Aichi's year-by-year imports was explained primarily by an increase in imports from United States (¥19.3B or 27.7%), China (¥14.5B or 6.62%), and Vietnam (¥10.3B or 24%), and product imports increase in Crude Petroleum (¥18.2B or 40.2%), Raw Aluminium (¥15.8B or 72.7%), and Gas Turbines (¥8.12B or 51.3%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (December 2023 - December 2024)¥87.6B(4.52%)
IMPORT GROWTH (December 2023 - December 2024)¥65.9B(8.03%)

This section shows exports and imports data at subnational level for Aichi. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Aichi over time.

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Historical Data

Yearly Exports

Color
Depth
Top Destination (2024)United States¥ 6.37T
Top Product (2024)Spark-ignition non chargeable Cars¥ 3.21T

In 2024 the top export destinations of Aichi were United States (¥ 6.37T), China (¥ 2.28T), Australia (¥ 982B), Thailand (¥ 912B), and Chinese Taipei (¥ 672B).

In 2024 the top exports of Aichi were Spark-ignition non chargeable Cars (¥ 3.21T), Large Sized Cars (¥ 1.58T), Transmissions for motor vehicles (¥ 1.24T), Medium Sized Cars (¥ 1.22T), and Commodities not specified according to kind (¥ 780B).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2023 - Dec 2024)
United States ¥ 49.9B (8.45%)
Saudi Arabia ¥ 12.9B (37%)
Chinese Taipei ¥ 12.8B (21.8%)
Rapidly Declining Export Origins (Dec 2023 - Dec 2024)
China ¥ -10.2B (-4.5%)
Canada ¥ -8.06B (-12.8%)
Italy ¥ -6.77B (-39.6%)

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Yearly Imports

Color
Depth
Top Origin (2024)China¥ 2.71T
Top Import (2024)Crude Petroleum Oils¥ 595B

In 2024 the top import origins of Aichi were China (¥ 2.71T), United States (¥ 1.1T), Vietnam (¥ 604B), Thailand (¥ 601B), and Germany (¥ 501B).

In 2024 the top imports of Aichi were Crude Petroleum Oils (¥ 595B), Liquefied Natural Gas (¥ 576B), Ignition & Wiring Sets for Vehicles,... (¥ 342B), Medium Sized Cars (¥ 210B), and Bituminous coal, not agglomerated (¥ 197B).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2023 - Dec 2024)
United States ¥ 19.3B (27.7%)
China ¥ 14.5B (6.62%)
Vietnam ¥ 10.3B (24%)
Rapidly Declining Import Origins (Dec 2023 - Dec 2024)
Australia ¥ -31.7B (-46.1%)
Germany ¥ -9.53B (-18.7%)
Indonesia ¥ -8.51B (-27.6%)

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Economic Complexity

Economic Complexity of Aichi

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Economic Complexity (2024)0.97

Aichi ranks 2nd out of the 41 prefectures in Japan according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Aichi it is in position 2nd considering its ECI in the last year.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Aichi already has a comparative advantage, are led by Developed Exposed Photographic Material (0.24), Artificial Textile Machinery (0.23), Rolling Machines (0.22), Wind Instruments (0.22), and Tensile Testing Machines (0.21).

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Most Complex Products by PCI

The highest complexity exports of Aichi according to the product complexity index (PCI) are Photographic Chemicals (2.56), Precious Metal Compounds (2.14), Metalworking Transfer Machines (2.07), Machinery Having Individual Functions (1.99), Interchangeable Tool Parts (1.86), Hot-Rolled Stainless Steel Bars (1.81), Iron Chains (1.78), Hand Saws (1.75), Metal Lathes (1.74), and Metal Finishing Machines (1.73). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Blown Glass (38.14), Metal Lathes (23.38), Friction Material (18.88), Metalworking Transfer Machines (18.60), and Buses (18.48).

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Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Aichi is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

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Relatedness Space

This network shows the products most related to the production structure of  Aichi. These are products that tend to be co-exported with the products that Aichi exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

Depth
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The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Bubble size corresponds to exports value by year 2020.

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